Capital Bank (Ghana)

Capital Bank (previously First Capital Plus Bank) was an indigenous private national development and commercial Ghanaian bank. It was one of the private national development and commercial banks licensed by Bank of Ghana, the national banking regulator. On August 14, 2017, the Bank of Ghana announced it had revoked its license due to insolvency during Ghana's banking crisis. The bank was then taken over by GCB Bank. The founder of the bank, William Ato Essien and three others were subsequently charged with misappropriating 100 million Ghana Cedis of the Bank's assets.

Capital Bank Ghana Limited
Company typePublic
IndustryPrivate banking,
Retail banking,
Asset management,
Investment banking,
Financial services
Founded2009 (2009)
HeadquartersSpintex road Adjacent Papaye fast food,Accra
Key people
William Ato Essien
Founder
Mensa Otabil
Chairman
Rev. Fizgerald Odonkor
CEO
ProductsPrivate banking,
Asset management,
Investment banking,
Investments,
Loans,
Savings,
Speed banking, Speedpay
Revenue
Total assetsUS$140 million; 2013
GHS:286.80+ million; 2013
Number of employees
355
Websitewww.capitalbankghana.com
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.